Volume of credit card transactions is projected to expand at CAGR of ~26.43% The total value of credit card transactions in India is expected to reach Rs.51.72 trillion by FY 2027, expanding at a CAGR of 39.22% from FY 2022,...
Read moreVolume of credit card transactions is projected to expand at CAGR of ~26.43% The total value of credit card transactions in India is expected to reach Rs.51.72 trillion by FY 2027, expanding at a CAGR of 39.22% from FY 2022,...
Read moreGopal is increasing affordability for retail consumers To support its merchants in India, London-headquartered VTEX is collaborating with PayU, using the latter's platform to offer customised bank-based offers on debit and credit cards to consumers, making purchases more affordable and...
Read moreInternational banks fund Indian Railways' carbon neutrality programme Mumbai-headquartered Cyril Amarchand Mangaldas has advised international bankers in relation to the US$500 million foreign current Climate Bonds being offered by Indian Railway Finance Corporation Limited (IRFC) under its US$7 billion Global...
Read moreSitharaman says trust and confidence are critical for financial market Minister for Finance and Corporate Affairs Nirmala Sitharaman interacted with the leaders of the financial and capital markets in Mumbai on 21 Feb 2022, calling on them to explore ways...
Read moreMehta found the most suitable technology solution in MFund Plus™ Singapore-headquartered Azentio Software says India's youngest asset management service provider Samco Mutual Fund has gone live with MFund Plus™, Azentio's Asset Management Solution. MFund Plus™ will provide a comprehensive and...
Read moreFinTechs are expanding businesses through partnerships-innovative solutions India's prepaid card market is expected to record a CAGR of 31.1%, reaching US$105.43 billion by 2026 from US$35.69 billion in 2022, according to a report by ResearchAndMarkets. It has increased at a...
Read moreMicrofinance has evolved as an important financial delivery mechanism, says Ramann of SIDBI The Microfinance Industry disbursed loans worth R.66,681 crore during July-Sept 2021 quarter registering a robust Y-o-Y growth of 96% by value and 94% by volume from the...
Read more10 banks to manage $8bn IPO A strong investor response is expected to the Government's sale of 5% in Life Insurance Corporation (LIC) worth about Rs.63,000 crore or about US$8 billion, the biggest initial public offer (IPO) in India. The...
Read moreEdaden says the partnership is to enhance digital footprint for strategic growth in NBFC markets Nitstone Finserv, a Bengaluru-based Fintech (NBFC), says its technology partnership with Tata Consultancy Services (TCS) will combine deep industry knowledge, and experience to improve the...
Read moreCentral banks everywhere are exploring or actively working on CBDCs, says Puthanveedu and Gandhi Central Bank Digital Currencies (CBDCs), being introduced by the Reserve Bank fo India after it was announced in the Budget 2022-23 on 1 Feb 2022, are...
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